Company Valuation: NICO Holdings plc

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 54,238 57,367 62,582 156,873 437,055 1,811,251
Change - 5.77% 9.09% 150.67% 178.6% 314.42%
Enterprise Value (EV) 1 30,954 16,641 8,493 29,944 363,566 1,734,595
Change - -46.24% -48.96% 252.55% 1,114.17% 377.11%
P/E 5.42x 5.89x 3.14x 5.04x 6.07x 10.8x
PBR 1.36x 1.19x 0.96x 1.72x 2.81x 6.04x
PEG - -2.2x 0x 0.1x 0x 0x
Capitalization / Revenue 0.32x 0.27x 0.23x 0.54x 0.87x 2.04x
EV / Revenue 0.18x 0.08x 0.03x 0.1x 0.72x 1.96x
EV / EBITDA 1.07x 0.54x 0.16x 0.2x 1.12x 2.71x
EV / EBIT 1.13x 0.59x 0.17x 0.2x 1.14x 2.74x
EV / FCF -6.08x 0.13x 0.05x 0.15x 2.64x 2.8x
FCF Yield -16.4% 748% 2,200% 669% 37.8% 35.8%
Dividend per Share 2 2.3 2.75 6 10 20 40
Rate of return 4.42% 5% 10% 6.65% 4.77% 2.3%
EPS 2 9.591 9.334 19.1 29.81 69.04 160.9
Distribution rate 24% 29.5% 31.4% 33.5% 29% 24.9%
Net sales 1 169,014 212,623 268,484 290,447 504,694 886,060
EBITDA 1 29,063 30,708 53,033 152,189 324,275 639,657
EBIT 1 27,448 28,201 50,563 149,640 320,100 633,231
Net income 1 10,004 9,736 19,925 31,096 72,009 167,833
Net Debt 1 -23,285 -40,726 -54,089 -126,930 -73,489 -76,657
Reference price 2 52.00 55.00 60.00 150.40 419.02 1,736.51
Nbr of stocks (in thousands) 1,043,041 1,043,041 1,043,041 1,043,041 1,043,041 1,043,041
Announcement Date 6/30/21 8/6/22 5/17/23 7/2/24 6/3/25 4/8/26
1MWK in Million2MWK
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 802M
6.44x4.89x - 5.61% 128B
3.96x1.34x - 4.82% 128B
12.22x - - 2.93% 95.44B
15.65x - - 3.1% 73.85B
13.36x1.02x1.03x4.35% 71.91B
14.01x - - 3.86% 65.83B
12.89x - - 2.32% 64.3B
16.91x3.19x - 2.03% 60.3B
17.2x - - 2.98% 57.57B
Average 12.52x 2.61x 1.03x 3.56% 74.64B
Weighted average by Cap. 11.24x 2.74x 1.03x 3.83%

Y-o-Y evolution of P/E

Valuation ratios - P/E - NICO Holdings plc

Historical PBR trend

Valuation ratios - PBR - NICO Holdings plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - NICO Holdings plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - NICO Holdings plc

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